BOOK EXCERPT FROM THE BOOM AFTER THE BUBBLE: ANDREW CORDLE
When you look at today’s market, compared to a
Now, let’s tie this all together. There’s a window of
pre-bubble supply and demand driven market
opportunity that’s “hot” right now for the “buy, fix,
where
selling
sell investor.” It will probably last for about three to
everything, in this post bubble market, investors
five years. When I put a house on the market, I am
truly have the edge. There IS still a huge supply
not really competing with the REO Bank properties.
and demand going on, but it is coming from our
They are overpriced. I am not competing with the
own industry. Homeowners have gotten wiser in
homeowners. They don’t have the cash or the
their purchases.
knowledge to buy and rehab. There’s really not a
everyone
was
building
and